V2X, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,480	4,322	3,963	2,891	1,784
Revenue Growth (YoY)	3.65%	9.06%	37.09%	62.07%	27.81%
Cost of Revenue	4,107	3,979	3,628	2,596	1,623
Gross Profit	373.38	342.96	334.86	295.01	160.42
Selling, General & Admin	179.11	183.76	210.44	199.34	98.4
Operating Expenses	179.11	183.76	210.44	199.34	98.4
Operating Income	194.27	159.2	124.42	95.67	62.02
Interest Expense	-82.34	-109.16	-122.44	-61.88	-7.99
Interest & Investment Income	2.44	1.26	-	-	-
Other Non Operating Income (Expenses)	-10.93	-10.47	-4.19	-	-
EBT Excluding Unusual Items	103.43	40.84	-2.22	33.79	54.04
Merger & Restructuring Charges	-	-	-	-39.9	-
Asset Writedown	-	-2.19	-	-	-
Other Unusual Items	-2.53	0.2	-22.3	-	-
Pretax Income	100.9	38.84	-24.52	-6.11	54.04
Income Tax Expense	23.02	4.16	-1.95	8.22	8.31
Net Income	77.88	34.68	-22.57	-14.33	45.73
Net Income to Common	77.88	34.68	-22.57	-14.33	45.73
Net Income Growth	124.55%	-	-	-	23.75%
Shares Outstanding (Basic)	32	31	31	21	12
Shares Outstanding (Diluted)	32	32	31	21	12
Shares Change (YoY)	-0.46%	2.84%	48.05%	77.39%	0.72%
EPS (Basic)	2.47	1.10	-0.73	-0.68	3.91
EPS (Diluted)	2.45	1.08	-0.73	-0.68	3.86
EPS Growth	126.85%	-	-	-	22.93%
Free Cash Flow	170.07	242.45	162.95	81.07	51.56
Free Cash Flow Per Share	5.34	7.58	5.24	3.86	4.36
Gross Margin	8.33%	7.94%	8.45%	10.21%	8.99%
Operating Margin	4.34%	3.68%	3.14%	3.31%	3.48%
Profit Margin	1.74%	0.80%	-0.57%	-0.50%	2.56%
Free Cash Flow Margin	3.80%	5.61%	4.11%	2.80%	2.89%
EBITDA	301.88	270.77	237.25	157.79	78.57
EBITDA Margin	6.74%	6.26%	5.99%	5.46%	4.41%
D&A For EBITDA	107.61	111.57	112.83	62.12	16.55
EBIT	194.27	159.2	124.42	95.67	62.02
EBIT Margin	4.34%	3.68%	3.14%	3.31%	3.48%
Effective Tax Rate	22.81%	10.70%	-	-	15.37%

Updated Feb 23, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q